Arlington Group Health Insurance | Best Group Health Insurance for Small Business in Arlington, TX

Arlington Group Health Insurance & Employee Benefit Plans

Most career-minded individuals have to care for families at home in Arlington. To do this, they need to have the ability to plan for the futures of the ones they love and this includes protecting them from illness. Taylor Benefits Insurance Agency can help your business find insurance and employee benefit packages at an affordable cost at Arlington. We have been working with leading insurance carriers all over the state for over 30 years. You can reach us at 800-903-6066 to learn more about how we can provide the most cooperative care at the lowest rates.

Arlington health benefits and employee insurance plans

A company owner’s priorities should include finding the right group health plans and insurance for their employees if they want to flourish as business in Texas. Our licensed insurance brokers will go over your options while keeping your financial constraints at the forefront of their mind. Due to our long-standing history in the industry, we’re able to tailor plans and negotiate all costs while still remaining in compliance with government code and the ACA.

Arlington, TX Large Group Health Insurance Plans

Due to the requirements established by the ACA (Affordable Care Act), any company employing fifty or more workers must offer health insurance. The legislation also created rules about coverage and affordability. While many large companies offered insurance even before the ACA required it, the quality and comprehensiveness varied.

One approach some larger companies take to maintain their coverage while managing costs is self-funding. Self-funding means that instead of buying insurance, the company pays directly for the employee’s medical claims. This method is invisible to the employees, who submit their claims as usual. The attraction for the employer is that they have more control, may have better cash flow, and often save money overall. But they must also be willing to accept the risk that several abnormally high claims may push costs over the expected level. Companies can mitigate that risk with a stop-loss policy which can limit their overall exposure. Most also engage a third-party administrator to process claims.

Arlington, TX Small Business Health Insurance Plans

Self-funding is riskier for small companies attracted by the potential cost savings. Since they have fewer subscribers, facing a couple of significant claims can disrupt their budget and overcome any savings. As a result, some businesses may choose level funding, a hybrid of full insurance and self-funding. It offers smaller savings than a self-funded program but limits the organization’s financial exposure.

Arlington, TX Employee Benefit Plans and Employee Benefit Packages

In surveys about employee benefits packages, workers typically claim they want their employer to provide a retirement savings plan. However, participation rates are low in companies that offer one. Large companies are more likely to offer such a benefit, often a 401(k) plan.

However, even small companies have some new and helpful ways to assist workers with retirement savings. The SEP-IRA (Simplified Employee Pension Individual Retirement Account) may be a good choice for companies with fewer than twenty workers. It’s flexible because the owner can decide whether to contribute each year.

Larger companies can consider the SIMPLE IRA, which has more options. In either a SEP or SIMPLE plan, any contribution the business makes immediately belongs to the account holder with no vesting period. This provision contrasts with the sometimes lengthy vesting periods for accounts like 401(k) plans. In addition, this waiver of vesting provides the employer with a safe harbor for compliance with nondiscrimination protocols, increasing the simplicity of compliance.

Dial 800 -903-6066 and get free consultation on Texas Group Health Insurance & Employee Benefit Plans

The Basic Healthcare Plans with Lower Premiums in Arlington, TX

  • PPO- A flexible plan allowing employees to choose their physicians and healthcare providers. Choosing providers within the network will cut the costs of healthcare.
  • HMO- All healthcare services needed must be decided within a strict network of providers and facilities linked to the relevant health maintenance organization.
  • FSA- A flex spending account that keeps the employees earned income tax-free for use towards unpaid healthcare expenses uncovered by the insurance carrier.
  • HSA- A savings account for employees to keep tax-free money. Services not cared for by the insurance company can be covered with the money in this account.

Other Insurance and Benefits Options to Add to Your Group Plan

  • Employee dental and vision insurance
  • Group medical and employee health insurance
  • Prescription coverage benefits
  • Group retirement and pension plans
  • Group 401(k) savings accounts
  • Employee benefits
  • Life insurance plans
  • Section 125 (referred to as cafeteria plans)

Are you looking for a Texas Group Health Insurance & Employee Benefit Plans? Click the quote button below to get an instant quote.

Learn more about Arlington employee benefits packages offered by Taylor Benefits.

Group Health Insurance Arlington, TX

The cost of health and life insurance in Arlington, Texas gets reduced manifold by comparing and opting for plans provided to students, an individual, or small businesses. We have software to enter demographic information and receive quotes from different medical insurers. After a thorough study, you can easily choose the correct health insurance policy for you.

Do you have Pre-Existing Conditions? Don’t worry, try our affordable health insurance plans to receive group health insurance before 2014? We also offer insurance services such as Life insurance, Long Term Care, Disability insurance, Critical Illness, Dental insurance, Term life insurance, Gap, Temporary, Retirement plan, and Medicare Supplemental Policies.

Why Choose Us?

The insurance industry is always changing and evolving and we try to keep ourselves updated about these changes. We have the expertise to deal with regulatory issues such as HIPAA and product designs to successfully implement health insurance plans.

Taylor Benefits is associated with some of the best local or national health coverage insurance companies. We have the best, licensed insurance broker who helps you in choosing the best health insurance products according to your needs. We try to find the best insurance products for you from insurance companies that have high ratings. Our plans offer hospitalization in a private suite or twin-sharing suite.

Eligibility for Health Insurance Plans

All the full time employees are eligible for getting small groups plan in Arlington county. A minimum of 2 employees are a must to apply for voluntary plans in Arlington, TX. A person should be in service for a minimum of 30 hours per week to get dental, life, or disability insurance. No residents should be denied coverages or reimbursement if they qualify for the same.

For more information, contact Taylor Benefits Agency office to discuss and purchase the health solutions for your employees. All LLC companies are eligible for a plan with original text from the company. We will do a complete review and then assist you with the related solutions as per your needs. No matter if you are on a vacation, you will be still covered under the LLC group insurance.

Advantages of Having Health Insurance Plans in Arlington, TX

employees frequently take sick leave due to the rise in number of diseases. As medicare costs are on the rise, having flexible spending accounts for eligible employees is a must. Providing them with term life insurance along with health plans is also beneficial. Once they have the medical coverage, the medicare cost is borne by the insurance company. So, employees with a low income get protected from high medical bills for an accident or illness.

Thus, it can be related that it is win-win situation for employees and employers. Employees get access to health plans from Aetna and employers get licensing agreements for coverages for the next 5-10 years in Arlington, TX.

Get complete service coverage with health insurance in Arlington, TX 

Auto cost savings is the primary benefit of having a small business insurance plan in Arlington, TX. The employees with low income can also enroll their spouse and child on the advice of the company so that all of them get proper coverages in case of any emergency. With low premiums and high coverage, you get the best services from Taylor Benefits.

Coverage for Vision Insurance

All the dental and vision coverage are provided as add-ons for employees.

Relevant Statistics

  • Over 90% of businesses in Arlington offer group health insurance coverage to their employees.
  • The average deductible for Arlington group health insurance plans is $500.
  • Approximately 80% of Arlington residents have access to employer-sponsored health insurance.
  • More than 70% of Arlington residents enrolled in group health insurance plans receive preventive care benefits.
  • The annual premium for a family group health insurance plan in Arlington ranges from $10,000 to $15,000.

General Facts

  • Arlington offers a range of group health insurance plans for businesses and organizations.
  • Group health insurance provides coverage to a group of people, typically employees of a company or members of an organization.
  • These plans often offer more affordable premiums compared to individual health insurance.
  • Group health insurance typically covers medical expenses, including hospitalization, doctor visits, and prescription medications.
  • Employers in Arlington can choose from different types of group health insurance plans, such as Preferred Provider Organization (PPO) or Health Maintenance Organization (HMO).

Get Tax incentives to provide health coverage services

Providing health coverage and life insurance to your employees gives you a health tax credit. This is applicable for small business owners in Arlington, TX. So, you can review the benefits you get with paying out small premiums. All businesses qualify for life and health insurance in Arlington, TX.

Need Group Health Insurance in Arlington? Contact us today at 800-903-6066 and we will do a review for your needs.

Written by Todd Taylor

Todd Taylor

Todd Taylor oversees most of the marketing and client administration for the agency with help of an incredible team. Todd is a seasoned benefits insurance broker with over 35 years of industry experience. As the Founder and CEO of Taylor Benefits Insurance Agency, Inc., he provides strategic consultations and high-quality support to ensure his clients’ competitive position in the market.

We’re ready to help! Call today: 800-903-6066